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February 19, 2025
Question

Corrected 1098 E

  • February 19, 2025
  • 1 reply
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This week (2025) I got two letters of corrected 1098 Es from 2021 and 2022. Should I upload those on my 2024 filing? 

    1 reply

    February 20, 2025

    No, you need to enter each form on the tax return that it belongs to . You need to amend your 2021 and 2022 returns if you need to make any changes. 

     

    You use the 1098-E to figure your student loan interest deduction. You can deduct up to $2,500 worth of student loan interest from your taxable income as long as you meet certain conditions:

    • The interest was your legal obligation to pay, not someone else's.
    • Your filing status is not Married Filing Separately.
    • Neither you nor your spouse, if you’re filing a joint return, is claimed as a dependent on anyone else’s tax return.
    • Your income is below the annual limit.

    For more information, check: Student Loan Interest

     

    How do I amend my federal tax return for a prior year?

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